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The prices of Maize in Argentina have eased in the first half of October after a brief period of higher prices in late September. The price increase in September was a rapid consequence of policy moves and market reactions to that police. On September **nd of **** the government of Argentine has announced a suspension of export taxes and set the rate to zero with effective from September ** through October **st or until Sworn Export Permits reached a cumulative value of USD *,***,***,*** 鈥 whichever came first. The temporary relief in Maize market has sparked immediate buying from the international procurers and buyers. The distributors were eager to secure duty-free supply, and the suppliers of Maize have responded with strategic short-term prices as permit volumes were absorbed quickly.
The USD * billion cap was reached in just three days which prompted the authorities to reinstate export...
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